July 2018

In August 2017, we wrote about an opinion from the Louisiana Court of Appeal, Second Circuit in the matter of Gloria’s Ranch, L.L.C. v. Tauren Exploration, Inc. The Louisiana Supreme Court recently issued a highly anticipated opinion in the matter Gloria’s Ranch, L.L.C. v. Tauren Exploration, Inc., overturning the Louisiana Court of Appeal, Second Circuit’s ruling that a lender could be held solidarily liable with mineral lessees for breach of certain obligations under a mineral lease. (more…)